Market reports / March 2024
Dubai property market - March 2024
- 12,080
- Registered sales
- AED 26.2B
- Total value
- AED 1.9M
- Median price
- AED 1,687
- Median per ft²
- 49,308
- Rent contracts
- AED 86.1K
- Median annual rent
Dubai recorded 12,080 residential sales in March 2024, worth AED 26.2B in total - +10.5% versus the previous month and +11.4% versus a year earlier.
The median sale price was AED 1.9M, at a median of AED 1,687 per ft² (-2.5% month-on-month, +12.3% year-on-year). Medians are computed across individual registered transactions - see the methodology.
On the rental side, 49,308 contracts were registered in March 2024, with a median annual rent of AED 86.1K.
For the community-level picture behind these city-wide figures, start from the market trends page or the community directory.